Property Underwriter
Salary undisclosed
Apply on
Original
Simplified
Job Scope / Position Summary
Assist and support Line of Business Head in ensuring technical profitability of Fire and Miscellaneous business is attained. Responsible in:
- Ensure adherence to underwriting governance both local and group underwriting guideline and policies.
- Compliance to all legal and regulatory requirements.
- Manage all underwriting aspects of Fire & Miscellaneous line of business.
- To be involved in all projects requiring support.
Main Responsibility
Underwriting Function
- To perform underwriting function which includes risk analysis, develop terms and conditions, placement of reinsurance/coinsurance and make underwriting decision, within given authority.
- Ensure that risk is properly underwritten in accordance with the guidelines, rules, and regulations.
- To conduct renewal review exercise 3 months prior to renewal date, ensuring risk is within company’s appetite and written at the adequate term.
- To support Line of Business Head in achieving department objective
Administration, Supervision and Control
- Work closely with PSC department ensuring efficient and top-notch delivery of service in terms of policy and minimization of policy issuance error.
- To monitor and keep track of all renewal policies are being reviewed.
- To attend promptly on request raised by business units.
Other Responsibilities
- Ensure excellent customer service standards is always extended to internal and external parties with the set service standards.
- Ensure meeting the TAT set upon receiving full and complete underwriting information submission.
- Undertake other responsibilities or projects as assigned.
- Ad-hoc function as and when required by the Line of Business Head.
Qualification and Experience Requirement
- Bachelor’s degree preferably in a field such as Actuarial, Finance or Business Administration.
- With professional insurance qualification such as ACII, AMII, or equivalent insurance qualification.
- Minimum 5 years of underwriting experience preferably in property line of business.
Similar Jobs
